The Pakistan Stock Exchange signed a memorandum of understanding (MoU) with the Gilgit-Baltistan Chamber of Commerce and Industry (GBCCI) recently for mutual cooperation and collaboration to facilitate access to equity financing for Small and Medium Enterprises (SMEs). Imran Ali, president of GBCCI, and Asghar Abbas Naqvi, PSX regional in-charge of Islamabad, signed the MoU.
An awareness session was also held to promote the SME Board. Gilgit-Baltistan Governor Mir Ghazanfar Ali Khan was the chief guest on the occasion.
The awareness session was well-attended by women entrepreneurs, distinguished businessmen based in Gilgit-Baltistan, members of the GBCCI Executive Committee and representatives of Zahid Latif Khan Securities, it said.
GBCCI agreed to draft feasibility studies of viable businesses in Gilgit-Baltistan, which have good future prospects, in consultation with the business owners. The feasibility studies would later be shared with the investors across Pakistan who are interested in investing in local businesses.
Click here to read
India Prime Minister Narendra Modi and HE Prime Minister of Japan Shinzo Abe have joined hands to help accelerate the “Make in India” revolution through the "Technical Intern Training Program’ an initiative aimed at providing an opportunity for Indian youth to train in high precision manufacturing as interns in Japan.
The programme is part of the agreement signed between India and Japan during the visit of the Japanese Prime Minister to India in December 2015.
The Confederation of Indian Industry (CII) in partnership with a Japanese Receiving Organisation has been nominated as a Sending Organisation by the Ministry of Skill Development and Entrepreneurship for mobilising and training the youth in Japanese language and work ethics.
The Confederation of Indian Industry (CII) signed agreements with three Singapore universities to provide training opportunities to students.
The memorandum of understandings (MoUs) will allow the universities and International Enterprise (IE) Singapore, a business promotion agency, to tap into CII's network of over 8,000 members to create overseas attachment opportunities for enrolled students.
IE Singapore, a statutory board under the Ministry of Trade and Industry and the lead MoU signatory, will be supporting these attachments under its Young Talent Programme.
The MoUs signatories are Nanyang Technological University, National University of Singapore and Singapore Management University. These MoUs were signed at the ASEAN-India Business Forum.
India and Bangladesh signed 22 agreements in the fields of defence cooperation, civil nuclear energy, space and cyber security among others, following bilateral talks between Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina.
India and Bangladesh signed a Memorandum of Understanding (MoU) through which India would extend a line of credit of $500 million to support Bangladesh's defence-related procurements. Three more MoUs were signed to enhance defence cooperation between the two countries.
To enhance cooperation in national security and strategic and operational studies, two MoUs were signed, one between the Defence Services Staff College (India) and the Defence Services Command and Staff College (Bangladesh) and another between the National Defence College, Bangladesh and the National Defence College, New Delhi.
Two agreements were signed on cooperation in the peaceful use of nuclear energy and cooperation in the regulation of nuclear safety.
An inter agency agreement was signed between the Global Centre for Nuclear Energy Partnership (GCNEP) of India and the Bangladesh Atomic Energy Commission (BAEC) pertaining to nuclear power plant projects in Bangladesh.
